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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Post by InvestLargeCon May 19, 2018 2:01am
264 Views
Post# 28055928

IMHO...

IMHO...

7G is a great company, but it will underperform against the oil weighted producers until September-October. 

This is the reason 7G holders should diversify with:

Fast growing, high percentage oil producers (>80% oil) and especially with LIGHT oil production, as the WCS discount to WTI is still here and adds risk.

I believe (or hope...) that next winter will be better for NG, so until then, diversification is needed.

just IMHO.

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